Long McDonalds (MCD) @ 55.01

image

  • Long McDonalds Corp @ $55.01 after noticing today’s strength @ the $54.98 level.  Based on the RSI & MACD it looks like its ready for its move up.  None the less short term stop loss placed @ the $54.90 level.  Target price, none, I want to keep this for the long run especially with the dollar trending downwards in the long run, their profits will inflate even more due to their high international exposure. 

0 comments:

Post a Comment